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On March 6, 2025, President Donald J. Trump announced changes to tariffs on goods imported from Canada and Mexico, particularly focusing on the automotive industry.
The modifications include a 25% tariff on non-compliant goods, lower tariffs on energy products and potash, and exemptions for goods that meet the criteria under the USMCA.
This decision aims to support American manufacturers and enhance border security by using tariffs to address illegal activities.
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